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ford

Mahindra & Ford Announce Joint Venture

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Mahindra and Ford have announced a new joint venture (JV) in which Mahindra will own 51 per cent, and Ford 49 per cent stakes. Both entities will have 50-50 representation on the board. The chairman will be elected by Mahindra. The new JV…

Mahindra To Own 51% Ford Assets In India!

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Ford Motor Co. is intending to transfer its Indian assets to a joint venture with Mahindra & Mahindra Ltd. Ford had entered the Indian market with a 50:50 joint venture with Mahindra in 1995. Subsequently, the Detroit-based automaker…

Ford Recalls Cars Over Battery System Snag

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Ford is recalling the Freestyle, Figo and Aspire cars over a wiring harness issue in the Battery Monitoring System (BMS). The company said that the affected cars were manufactured at its Sanand plant in Gujarat between September 2017 and…